San Augustin Mutual Water Company is located in Gaviota, CA. The organization was established in 1986. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Augustin Mutual Water Company is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 01/2024, San Augustin Mutual Water Company generated $65.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $70.7k during the year ending 01/2024. While expenses have increased by 2.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE UTILITY WATER TO MEMBERSHIP.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kit Boise-Cossart Vice President | 2 | $0 | |
Jack Stapelmann Vice President | 2 | $0 | |
Andy Carlson Secretary | 2 | $0 | |
Rick Bennett President | 2 | $0 | |
Beverly Boise-Cossart Treasurer | 2 | $0 | |
David Welborn Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,176 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,176 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,289 |
| Professional fees and other payments to independent contractors | $2,475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,973 |
| Total expenses | $70,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $924 |
| Other assets | $0 |
| Total assets | $29,547 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,547 |